Just got this in my Email that a FREE coin is on it's way before it's officially launched to other Masters Club members or the public. It says that to check your mailbox starting September 19. Wonder what it could be. Any ideas.

Quote:I heard it might be "2018 $20 38mm 9999Ag - Iconic Maple Leaves", item NO. 167950. This was showing up in some folks order history today with a $0 price.

You're absolutely right. I just checked my order history and Thank god it's not another scalloped coin.

On the other hand,I wont be getting anymore free coins as I'm done with collecting from the RCM. Everything is just to darn expensive and just not worth spending thousands just to get a $100 coin. I'm in the process of looking for someone to buy my entire collection. Tried eBay, but their fees are ridiculous. Anyone interested.

Quote: I'm in the process of looking for someone to buy my entire collection. Tried eBay, but their fees are ridiculous. Anyone interested.

Fees are definitely a factor to consider. IMO, however you decide to sell it will be difficult to unload everything all at once unless you are prepared to reduce your price significantly. I'm using eBay's 50 free insertion per month option so I only pay a fee if I sell which is typically 10%. Granted, these add up but eBay is still a good option to consider.

Selling is all about timing and right now unfortunately, the timing is not good for NCLTs. While base metal keeps going down (silver is now down to $14.25 US!!), the RCM keeps increasing their prices. A 2 oz mickey mouse coin is $225 CAN... OMG that's 12x the price of base metal!

Let's say, if you own almost each and every coin, issued recently by RCM (just example), your asking price for 90% of the coins should be 75% of issue with the Best Offer, and be ready to accept offers of 50% from the issue. This way you might sell your collection in a year, maybe.

In general, like you said, the interest is extremely low or none to pay prices close to issue price.

Saying all above - don't take the loss as disappointment, but as the price of owning nice coins.

Quote:I'm in the process of looking for someone to buy my entire collection.

It's always saddens me a bit when I hear of someone who has lost interest in their collection.

Coin collecting has many great aspects to it. The history it can teach, the exposure to the work of different artists it can provide and the sense of pride it can offer when a difficult set is completed over time are just a few.

I hope you find another aspect of the hobby that interests you enough to start a new collection and that you find it more rewarding than NCLT.

Quote:I'm in the process of looking for someone to buy my entire collection. Tried eBay, but their fees are ridiculous. Anyone interested.

I think it would be very difficult to sell an entire collection assuming it is a large expensive one. People will likely only want certain popular coins.

Still, you could give it a try on this forum. Why don't you list what you have to sell?

Barring this, there is no alternative to eBay since dealers will only give a fraction of what coins are worth. 10% eBay and 3% PayPal is nothing as long as you can sell them.

It will take very long to sell everything on eBay. Perhaps years depending on how many coins you have. Start high but gradually reduce prices. For popular coins, start at full issue prices. For less popular coins, start at 75% of issue price.

You think eBay fees are tough, as I mentioned before at the last Torex show the good dealers wouldn't make any offers on non popular NCLT coins and sets while some dealers offered bullion value only, that is sad but understandable, every month 10 to 20 new coins many with reworked themes. The dealers said other than a few items like the baby sets and the odd hot NCLT they have a large assortment with no demand.

Thank you all for your inputs. Since 2016 I had a store and sold on eBay. I sold roughly 60 thousand dollars US. The items sold were highly sought after items , about half of my collection (excluding my personal coin/paper money collection which is worth much more and not for sale). It's not that I lost interest in coin collecting, it's just the fact that what is coming out of the RCM of late is repetitive and prices just keep going up. Many items are just plainly uninteresting. I have to many items to list here and would take a lot of my time at the moment (Down sizing from a house to a condo). I am considering to sort my items and have 3 or 4 dealers in consideration. I know they will all low ball me, but that would be a quick way to unload many of my items at once even though I would be taking a considerable loss. Another reason for selling is the fact that I'm moving into a condo and just won't have the space for them. I am still selling a few items at a time on eBay (no store) and it is a painfully slow process to sell at the moment. Thanks again for all your feedback.

Collecting coins is a hobby for a person who has a job. Once you retire - you can take your time selling your coins (also considered a hobby) at your leisure. If you sell them at roughly the same rate as you acquired them, you should do all right. Think of other hobbies and/or sports - costing thousands of dollars, then when you stop, you might have a few bucks worth of used gear - but otherwise nothing. At least with numismatics - there will always be some kind of return, if only bullion value.

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